Solstice on the Park: A tale of two developers

While several planned condo developments around town are delaying the start of construction, and others seem to be postponed indefinitely, @properties

Solstice on the Park rendering

While several planned condo developments around town are delaying the start of construction, and others seem to be postponed indefinitely, @properties sales agent D. Waveland Kendt seems upbeat and optimistic about the prospects for Solstice on the Park, the 26-story Studio Gang-designed tower planned for 5526 – 5540 S Cornell Ave in Hyde Park.

“We like our traffic and we like our sales,” Kendt says. He says the numbers look just fine, considering that sales began around Memorial Day.

When pressed for some details, Kendt offers a story instead.

“There are two developers for the project, and they each bought a unit,” he says. “One bought a south-facing unit because he wanted views of the Museum Campus and the park, and the other bought a north-facing unit, because he wanted the city views.”

That means at least two of the units in Solstice have been sold.

Kendt says ground will break in the spring. Back in the winter, we had written that construction would begin in the fall of 2008 and delivery was scheduled for 2010. This should move deliveries to a later date.

Watch my video tour of the Solstice on the Park’s sales center with Kendt from May. The second part of the Solstice tour is here.

Rate and review Solstice on the Park at NewHomeNotebook.com.

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